Year: 2023

The Federal Government says it will start charging owners of completed unoccupied houses triple ground rents instead of the single rate normally charged from three months after completion.

The African Development Bank (AfDB) president Akinwumi Adesina has called for more Japanese investments in Africa to harness the continent’s huge potential.

Gov. Ademola Adeleke of Osun on Thursday presented the sum of N273.9 billion 2024 Appropriation bill to the state house of assembly.

The burden of higher debt costs to service Kenya’s total public debt has been noted to be negative to the nation’s credit profile amidst government efforts to drive economic growth.

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue-generating agencies remitted ₦14.38 trillion as revenue from the extractive sector to the federation account between January 2020 and December 2021.

While inflation has slowed, the journey down to 2% is not over and the Federal Open Market Committee will act as needed, Federal Reserve Chair Jerome Powell said in prepared remarks during a live panel discussion at the 24th Jacques Polak Annual Research Conference.

The African Export-Import Bank (AfreximBank) has announced a $1 billion African film fund to support the creative industry, according to a statement released by the organisation.

Ahead of the inflation rate figure for October 2023, the average yield on the Nigerian Treasury bills slid by 94 basis points to 13.37% amidst pressure on the financial system’s liquidity.

Nigeria’s US dollar bonds continue to face sell pressures in the international capital market amidst risk off sentiment following the US Fed’s decision to maintain the status quo on fund rates.

Naira Depreciates to N996.75, Trailing Black Market Rate Positive sentiment about the expected US dollar inflow announced by the Nigerian…